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720 Independence Dr

Bourbonnais, IL 60914

3 bd 2 ba 1,272 sqft Built 1984 Lot 10,890 sqft single_family
Most recent sale
$188,800
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $188,800 MLS #11620286
Sep 14, 2022 Price changed $190,000 MLS #11620286
Sep 2, 2022 Listed $194,900 MLS #11620286
Apr 20, 2020 Sold $150,000 MLS #10663448
Mar 11, 2020 Listed $152,500 MLS #10663448

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $68,344 $6,956 $75,300 $5,673
2024 $53,729 $6,562 $60,291 $4,496
2022 $44,772 $5,856 $50,628 $3,825
2021 $42,103 $5,727 $47,830 $3,607
2020 $40,976 $5,574 $46,550 $3,567
2019 $38,624 $5,412 $44,036 $3,381
2018 $37,585 $5,332 $42,917 $3,292
2017 $36,668 $5,202 $41,870 $3,220
2016 $36,126 $5,125 $41,251 $3,158
2015 $36,498 $5,074 $41,572 $3,227
2014 $36,960 $5,074 $42,034 $3,139
2013 $36,561 $5,074 $41,635 $3,044
2012 $39,200 $5,074 $44,274 $3,013
2010 $38,538 $10,607 $49,145 $3,046
2009 $38,538 $10,607 $49,145 $1,294
2008 $37,782 $10,399 $48,181 $1,333
2007 $34,436 $9,999 $44,435 $1,431
2005 $31,312 $10,099 $41,411 $2,507

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,272 sqft
Lot size
10,890 sqft
ZIP code
60914
City
Bourbonnais
Street
Independence Dr
Coordinates
41.16526, -87.88806

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,133
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 720 Independence Dr last sell?
720 Independence Dr most recently sold on Oct 7, 2022 for $188,800.
What is the current tax assessment for 720 Independence Dr?
The most recent total assessment for 720 Independence Dr (year 2025) is $75,300 with $5,673 in property tax.
How does 720 Independence Dr's assessment compare to its last sale price?
The current assessment is 60.1% below the last sale price of $188,800.
When was 720 Independence Dr built?
720 Independence Dr was built in 1984.
How does 720 Independence Dr compare to others on Independence Dr?
We track 8 other properties on Independence Dr. Browse the list under "Other properties on Independence Dr" to compare beds, baths, and sale history.
What are the property facts for 720 Independence Dr?
720 Independence Dr is a 3 bed, 2 bath, 1,272 sqft, 10,890 sqft lot single_family.
Is 720 Independence Dr a flip candidate?
No — 720 Independence Dr does not appear in our flips dataset.
Is 720 Independence Dr a tax-appeal candidate?
No — 720 Independence Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.4%
2026 Q3
$313.2K
2026 Q4
$319.6K
ZIP 60914 — Median Price History + Forecast

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